SK Hynix's South Korean Stock Rises 5.5% After Hours
BlockBeats News, June 24th, according to Bitget market data, SK Hynix's Korean stock rose by 5.5% in after-hours trading.
On the news front, SK Hynix plans to raise up to 45 trillion Korean Won (approximately $29 billion) through issuing American Depositary Receipts (ADRs) in New York, with the related transactions set to commence in July. If successful, this fundraising size will surpass Alibaba's $25 billion IPO in 2014, making it one of the largest overseas equity fundraising projects in South Korean corporate history and approaching a historical record in the global capital markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CCL three giants' monthly revenue hits record high
An address accumulated 158,800 HYPE tokens worth approximately $13.08 million from a certain exchange within one month.
Singapore data center operator DayOne (DODC.US) applies for US listing, valuation may reach 20 billions
Data center operator DayOne Data Centers filed an F-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Monday, planning to launch an initial public offering of American Depositary Shares (ADS) on the Nasdaq Stock Market.
Crypto prices
More
